The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.
Explanation:
The given is,
Total units produced in a month
= 940 unit per month
Time for each unit
= 3.5 unit per hour
Labor rate = $15 per hour
Step:1
Total Labor working hours for 940 units,
= Total units × Time for each unit
= 940 × 3.5
= 3290 hours
Step:2
Labor cost total working hours
= Total Labor working hours × Labor cost per hour
= 3290 × 15
= $ 49350
Result:
The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.
Answer: Division of labour
Explanation: Division of labour entails dividing various tasks of making a good amongst the workers in a system. This organizing system is normally used when there is a large work force. The reason why this system is used is because it allows workers to focus on the specific process they are tasked with, allowing them to perform this task more effectively and efficiently, as long as there is mass production of the specific good. This also allows workers to specialize in their specific task, because they have gotten used to executing it.
Because an assembly line apporach is used in Alistair Fashions, the existence of mass production is likely. Each worker, or group of workers, are tasked with specific tasks such as cutting fabric, finishing sleeves, making collars, etc, allowing them to focus on the element they are tasked with and perform their tasks efficiently.
Answer:
a. A multinational cooperation
Explanation:
A multinational organization is a company that carries out its business activities in many different countries at the same time.
As such, it is a company that operates in various countries.
Examples of such companies are Google, Microsoft, Shell, Mobil etc.
Since Fadeson, Inc., reported that it owns and operates 265 companies worldwide with 23% of its sales coming from Europe, 18% from Asia, 46% from the U.S., and 13% from other parts of the world, Clearly, Fadeson exemplifies a multinational cooperation.
Answer:
procedural unconscionability
Explanation:
Since Nate is finding the language of the contract difficult to understand. This is most likely a case of procedural unconscionability.
In contract law, procedural unconscionability refers to a situation where the unconscionability results from <u>inequalities between the parties in respect of age, intelligence,</u> and relative bargaining power.
Furthermore, procedural unconscionability projects an indication that both parties did not freely consent to all terms proposed.
The correct option is, executory.
- Laborers working on a building are promised by their contractors that their wages would be paid at the end of every month. The laborers also in return promise to work from the beginning of the subsequent month. When the laborers have worked for the entire duration of the month and are awaiting their wages at the end of the month, the contract is executory.
<h3>What is the meaning of executory?</h3>
- Something that hasn't been fully executed yet and is consequently still deemed insufficient or uncertain until it is, for example, a contract.
- Anything that is executory has either begun and is not yet finished or is in the process of finishing in order to be fully effective later.
<h3>What is an example of an executory contract?</h3>
- An apartment lease is an illustration of an executory contract.
- Until the end date specified in the lease, both the lessee and the lessor are obligated to make payments and maintain the property.
<h3>What do you mean by executory and non executory contract?</h3>
- For instance, the majority of leases and contracts for the sale of commodities in which the buyer has not made payment and the vendor has not delivered the products are executory contracts.
- If the products have been delivered but the buyer has not made payment, the contract is not in force.
Learn more about executory contract here:
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